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The Performance Of Monetary Policy In The Nigerian Economy (1980-2010)
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The purpose of this project work is based on the relative performance of monetary policy in the Nigerian economy. This work discussed the meaning of monetary policy is as combination of measures designed to regulate the value, supply and cost of money in an economy in consonance with the expected value of economies activities. The study shows further, the aims and objectives of monetary policy which includes price stability, maintenance of balance of payment equilibrium, promotion of employment, tackling inflation, output growth and sustainable development. The literature review shed more light on conceptual and evolutionary framework of monetary policy in Nigeria, review of monetary policy before and offer the structural adjustment programme (SAP), and appraisal of the performance of monetary policy in Nigeria were thoroughly discussed. also appropriate measures for managing inflation in the economy were also suggested from the research instruments and techniques, if was observed that there are leakages in velocity of money through corrupt practices in the system and diabolic means of creating cash flow which causes inflation, multiplicity of unemployment and low output growth. The research work, also showed the interplay between the gross domestic product (GDP) and other monetary policy variables (real exchange rate, real interest rate, money supply and liquidity ratio), and their respective contribution to the economy. In conclusion this project suggests total means of curling corruption using the various law enforcements in the country.
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CHAPTER ONE - [ Total Page(s): 4 ]Nigeria
did not have any stable macroeconomic policy enforcement before and
during the inflammation of structural adjustment programme (SAP). The
terms of trade deteriorated for most of the period between 1980 to 1985
and some previous years before the 1980. The consumer price index (CPI)
growth rate was on the average of 17.1% between 1980 and 1985 and though
this fell to about 5.0% in 1986 and 1987, if again started to rise from
1988, peaking at 47.5% in 1989. It has remained con ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 4 ]Nigeria
did not have any stable macroeconomic policy enforcement before and
during the inflammation of structural adjustment programme (SAP). The
terms of trade deteriorated for most of the period between 1980 to 1985
and some previous years before the 1980. The consumer price index (CPI)
growth rate was on the average of 17.1% between 1980 and 1985 and though
this fell to about 5.0% in 1986 and 1987, if again started to rise from
1988, peaking at 47.5% in 1989. It has remained con ... Continue reading---
ABSRACT -- [Total Page(s) 1]
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ABSRACT -- [Total Page(s) 1]
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